topic Re: Credit Inquiry I dont recognize? in Credit Cards

Credit Inquiry I dont recognize?

Marths — Sun, 15 Mar 2015 14:03:25 GMT

I've applied for a couple of cards Mar 11, but on the 13th a new inquiry came, and I didn't apply with them? I got a card with Chase,Chase UA, and AmEx. I also applied with capital one, but I doubt they show as that.

The name on the inquiry in SyncB/Lowes ??? Does anyone know who this is? Did someone apply for a lowes credit card in my name? This was a hard pull, and kinda worrying me.

Re: Credit Inquiry I dont recognize?

Gunnar419 — Sun, 15 Mar 2015 14:06:23 GMT

Synchrony Bank -- Lowes card. You didn't app for a card at Lowes?

Re: Credit Inquiry I dont recognize?

Gunnar419 — Sun, 15 Mar 2015 14:09:01 GMT

If you didn't app, it could still be an honest error, not identity theft. For sure you should look into the possibility of identity theft, though, and as a precaution while you investigate the sitution, put a fraud alert on all your CRs.

Re: Credit Inquiry I dont recognize?

creditconcept — Sun, 15 Mar 2015 14:14:51 GMT

I got an hard inquiry from Chase the other day, and on my report it listed it as "JP Morgan/ Oil Company"
All I'm saying is, there could be mistakes, over identity theft. A mistake is pulling the wrong report, ID theft is some bad guy actually trying to use your info for himself. Check into it and let us know!

Re: Credit Inquiry I dont recognize?

Marths — Sun, 15 Mar 2015 14:30:42 GMT

I did a little research, I just wanted to make sure it was Lowes. My mom applied for a Lowes card in my name. -_- Approved obviously, but really. I know why she did it, she wants to remodel house but doesn't have funds to do it. She'll pay it back, I know she's good for it, but still. That is EXTREMELY irritating; applying for a credit card in my name.. I want to help her out, because she's my mother, but that card is insane. 24.99% APR??? I know her, she would pay the minimum amount every month, and I dont want that type of balance revolving on my report. Im not going to activate it, and she isn't going to either. I had a conversation with her how that affects me, and she can't do stuff like that. Hopefully, she doesn't do it again. Or I have to unfortunatley have to get more aggressive(possible law) with it.

But the main question is, it won't scare Chase or AmEx will it? I've just got 3 cards by the both of them, my first ones, and I really don't want to mess anything up with them.

Re: Credit Inquiry I dont recognize?

Anonymous — Sun, 15 Mar 2015 14:40:48 GMT

@Marths wrote:
I did a little research, I just wanted to make sure it was Lowes. My mom applied for a Lowes card in my name. -_- Approved obviously, but really. I know why she did it, she wants to remodel house but doesn't have funds to do it. She'll pay it back, I know she's good for it, but still. That is EXTREMELY irritating; applying for a credit card in my name.. I want to help her out, because she's my mother, but that card is insane. 24.99% APR??? I know her, she would pay the minimum amount every month, and I dont want that type of balance revolving on my report. Im not going to activate it, and she isn't going to either. I had a conversation with her how that affects me, and she can't do stuff like that. Hopefully, she doesn't do it again. Or I have to unfortunatley have to get more aggressive(possible law) with it.

But the main question is, it won't scare Chase or AmEx will it? I've just got 3 cards by the both of them, my first ones, and I really don't want to mess anything up with them.

You'll be fine with Chase and Amex. Not to be rude, but your bigger problem is your mother applying for credit in your name. If she does it in this case, she will do it again. If I were you I'd have a long talk with her and then lock your reports.

Re: Credit Inquiry I dont recognize?

Marths — Sun, 15 Mar 2015 15:04:30 GMT

No no, it's not rude at all. I completely agree with you. For some reason, she doesn't understand that credit is not income, and she puts me in a bad position doing stuff like that. She destroyed her credit, but I won't let her financial ignorance bring me down as well. I'd like to help but I think she needs to learn how to save, but the money she would spend on paying the card back she would just go out and blow it instead of save it to get what she wants. I don't understand what's so hard on it.

Also, wouldn't locking my reports be bad, since I was just accepted for these cards last week?

Re: Credit Inquiry I dont recognize?

Anonymous — Sun, 15 Mar 2015 15:08:56 GMT

@Marths wrote:
No no, it's not rude at all. I completely agree with you. For some reason, she doesn't understand that credit is not income, and she puts me in a bad position doing stuff like that. She destroyed her credit, but I won't let her financial ignorance bring me down as well. I'd like to help but I think she needs to learn how to save, but the money she would spend on paying the card back she would just go out and blow it instead of save it to get what she wants. I don't understand what's so hard on it.

Also, wouldn't locking my reports be bad, since I was just accepted for these cards last week?

No, locking your reports won't affect your prior approvals. It will just prevent anyone else opening more accounts without you giving access to your reports..

Its good that you recognize the potential dangers. Your good credit can be ruined very quickly once someone else has your biographical info that enables them to open credit accounts without your approval. It's hard when it's a close relative, especially your mother but you have to do something to protect yourself. Technically she committed a crime by opening the account in your name so be very careful going forward. That's where locking your reports is probably your best bet

Re: Credit Inquiry I dont recognize?

sunkissed — Sun, 15 Mar 2015 15:10:15 GMT

@Anonymous wrote:
@Marths wrote:
No no, it's not rude at all. I completely agree with you. For some reason, she doesn't understand that credit is not income, and she puts me in a bad position doing stuff like that. She destroyed her credit, but I won't let her financial ignorance bring me down as well. I'd like to help but I think she needs to learn how to save, but the money she would spend on paying the card back she would just go out and blow it instead of save it to get what she wants. I don't understand what's so hard on it.

Also, wouldn't locking my reports be bad, since I was just accepted for these cards last week?
No, locking your reports won't affect your prior approvals. It will just prevent anyone else opening more accounts without you giving access to your reports..

Its good that you recognize the potential dangers. Your good credit can be ruined very quickly once someone else has your biographical info that enables them to open credit accounts without your approval. It's hard when it's a close relative, especially your mother but you have to do something to protect yourself. Technically she committed a crime by opening the account in your name so be very careful going forward. That's where locking your reports is probably your best bet

Agee 100%!

Freezing your reports does not look bad, ever. It will, however, prevent anyone from accessing your reports without your permission. You will have a PIN for each CRA. You will have to give this PIN in order to unfreeze the report. If you decide to go this route, be sure to keep your PINs safe and away from dear mom!

Re: Credit Inquiry I dont recognize?

Marths — Sun, 15 Mar 2015 15:36:19 GMT

Alright I went ahead and place a security freeze on all 3 bureaus. Made sure to put the pins somewhere safe, and away from dear mother. With that being said I have questions.

So does this mean my current companies can't do soft pulls to review cli's, or would I have to temporarily remove the freeze for that? I get that I would have to remove it for new cards and such, and to actually get the CLI I assume I would have to remove it as well.

Re: Credit Inquiry I dont recognize?

Shogun — Sun, 15 Mar 2015 15:38:54 GMT

Without you knowing? That's not a nice thing to do. Especially with family. I also don't want to be rude, but if you've screwed up your credit, why would I want you to jump on board mine.

Hope all goes well with you.

Re: Credit Inquiry I dont recognize?

sunkissed — Sun, 15 Mar 2015 15:40:33 GMT

@Marths wrote:
Alright I went ahead and place a security freeze on all 3 bureaus. Made sure to put the pins somewhere safe, and away from dear mother. With that being said I have questions.

So does this mean my current companies can't do soft pulls to review cli's, or would I have to temporarily remove the freeze for that? I get that I would have to remove it for new cards and such, and to actually get the CLI I assume I would have to remove it as well.

Your current companies will still be able to soft pull you for CLIs. No worries!

Re: Credit Inquiry I dont recognize?

Anonymous — Sun, 15 Mar 2015 15:41:47 GMT

@Marths wrote:
Alright I went ahead and place a security freeze on all 3 bureaus. Made sure to put the pins somewhere safe, and away from dear mother. With that being said I have questions.

So does this mean my current companies can't do soft pulls to review cli's, or would I have to temporarily remove the freeze for that? I get that I would have to remove it for new cards and such, and to actually get the CLI I assume I would have to remove it as well.

Nope, they can still do SPs. Good job on freezing them.

On another note, you might as well make the most of getting that card. I don't know what limit they gave you but you should call Credit Solutions and ask for for a CLI. Ask for $25K and if they won't give you that, they will counter. I went from $300 to $25K in a minute. The larger limit will help your utilization

Re: Credit Inquiry I dont recognize?

Anonymous — Sun, 15 Mar 2015 15:46:03 GMT

@Anonymous wrote:
@Marths wrote:
Alright I went ahead and place a security freeze on all 3 bureaus. Made sure to put the pins somewhere safe, and away from dear mother. With that being said I have questions.

So does this mean my current companies can't do soft pulls to review cli's, or would I have to temporarily remove the freeze for that? I get that I would have to remove it for new cards and such, and to actually get the CLI I assume I would have to remove it as well.
Nope, they can still do SPs. Good job on freezing them.

On another note, you might as well make the most of getting that card. I don't know what limit they gave you but you should call Credit Solutions and ask for for a CLI. Ask for $25K and if they won't give you that, they will counter. I went from $300 to $25K in a minute. The larger limit will help your utilization

+1 It is a great card to have! Great CL potential and if you are a homeowner, stuff will break and they have great financing options!

Re: Credit Inquiry I dont recognize?

Marths — Sun, 15 Mar 2015 17:38:42 GMT

I don't own a house so don't really need a Lowes card... lol But I asked about the CL and she doesn't know what I was approved for, and the department is closed on Sundays. So I'll just wait until I get it in the mail and see. Yeah I can see how it would be useful for keeping credit utilization low. I already took the hit on my report, so why not I guess... I doubt I'll get approved for $25k though. I barely even make that.

Re: Credit Inquiry I dont recognize?

Gunnar419 — Sun, 15 Mar 2015 18:09:10 GMT

Very, very good job handling your mother's (criminal) folly and even better getting your reports frozen so quickly. Good for you. You've asked the right questions about your situation, too.

I agree that since you now have a Lowes card you might as well keep it for credit building. Besides, you never know when you'll become a homeowner and in the meantime it could still be useful for tools, lightbulbs, small appliances, hobby project supplies, etc.

Now good luck dealing with your clueless mom in the future.

Re: Credit Inquiry I dont recognize?

kjel — Sun, 15 Mar 2015 22:52:47 GMT

@Marths wrote:
I did a little research, I just wanted to make sure it was Lowes. My mom applied for a Lowes card in my name. -_- Approved obviously, but really. I know why she did it, she wants to remodel house but doesn't have funds to do it. She'll pay it back, I know she's good for it, but still. That is EXTREMELY irritating; applying for a credit card in my name.. I want to help her out, because she's my mother, but that card is insane. 24.99% APR??? I know her, she would pay the minimum amount every month, and I dont want that type of balance revolving on my report. Im not going to activate it, and she isn't going to either. I had a conversation with her how that affects me, and she can't do stuff like that. Hopefully, she doesn't do it again. Or I have to unfortunatley have to get more aggressive(possible law) with it.

But the main question is, it won't scare Chase or AmEx will it? I've just got 3 cards by the both of them, my first ones, and I really don't want to mess anything up with them.

Wow. That stinks. I am sorry this happened to you. She put you in a hard spot, but you seem to have a good head on your shoulders. Just a word of advice, don't lend anything or allow other people to use your credit unless you are willing to either not see the money again or pay for it yourself. You've received good advice here. Keep an eye on your reports.

Re: Credit Inquiry I dont recognize?

Anonymous — Mon, 16 Mar 2015 02:45:07 GMT

Im sorry to hear this happened op.

I have been wanting to freeze my reports but whenever I look into it Im advised I need to send in letters and utility bills.

How did you make it happen so quickly? Was it free?

Re: Credit Inquiry I dont recognize?

Marths — Mon, 16 Mar 2015 02:59:22 GMT

I just went on each website and set up the freeze. Pretty painless. It was $10 each in my state. It's free with a police report, but Im obviously not going to do that.... So it was about $30 total. I guess it's a good security measure though. You can temporarily take it off so it won't be a hassle unless I lose the pins, but I made something I know very well.

Re: Credit Inquiry I dont recognize?

Anonymous — Mon, 16 Mar 2015 03:01:38 GMT

@Marths wrote:
I just went on each website and set up the freeze. Pretty painless. It was $10 each in my state. It's free with a police report, but Im obviously not going to do that.... So it was about $30 total. I guess it's a good security measure though. You can temporarily take it off so it won't be a hassle unless I lose the pins, but I made something I know very well.

Can the same pin be the same for all three?